How to Leave Money for a Special Needs Child Without Jeopardizing Their Benefits
A well-meaning gift or inheritance can unintentionally disrupt a special needs child’s eligibility for government programs like Supplemental Security Income (SSI) or Medicaid. Fortunately, there are effective estate planning tools that allow families to provide financial support while preserving those benefits. The key lies in using special needs trusts and other protected...
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Who Will Take Care of My Special Needs Child When I Am Gone?
As parents, one of our greatest fears is what will happen to our children when we are no longer here to care for them. For parents of children with special needs, this concern often runs even deeper. You want to know that your child will continue to receive the love, support, and...
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Wishing you a wonderful end of summer
Dear Clients and Friends
PLANNING FOR THE FALL. As we savor the last days of summer and look forward to the cooler days of fall, it's the perfect time to explore the city and enjoy all that the season has to offer. Whether you're planning to catch a
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Debunking Guardianship Myths in New York: Protecting Your Loved Ones with Facts
In the realm of elder care, special needs planning and legal decision-making, guardianship is a topic often clouded by misconceptions and misunderstandings. For families navigating the complexities of guardianship in New York, separating fact from fiction is crucial to ensuring the well-being and protection of their loved ones. Here, we'll discuss some...
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What is a Special Needs Child?
People are frequently asking me - should I do a Supplemental Needs Trust for my child? In order to answer that question, I will need to know more details, of course.
DEFINITION: A “special needs child” is a vague classification, so what does it actually mean? A special needs...
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Recognizing and Preventing Elder Abuse
The difference between what you dreamed your retirement years would look like and the reality of those years will be influenced by several factors. Wealth, of course. And health. But equally important…is planning. Specifically, a comprehensive estate plan. Because proper planning will make the most of whatever wealth and health you’ve...
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ABLE Accounts in New York
Many people know that New York City special needs planning attorneys help the parents and guardians of disabled children and adults with various estate planning issues, like establishing guardianships and special needs trusts. But in addition to a comprehensive estate plan, there’s an additional financial tool that many special needs parents aren’t aware...
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Understanding Special Needs Trusts
If you are the parent or grandparent of a minor or adult with special needs, you’ve likely heard people saying you need a special needs trust to protect them.
What is a special needs trust?
To understand a special needs trust, you first need to understand a trust in general. When people leave money to or...
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Why You Need a Power of Attorney Especially as a Special Needs Parent
A comprehensive estate plan in New York generally includes a Last Will and Testament (commonly known as a “will”), a trust (sometimes), a Living Will, a Health Care Proxy, and a Durable Power of Attorney.
What is a Power of Attorney?
In a nutshell, a power of attorney (“POA”) is a legal document where the maker...
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Accessing Services in New York City for Young Children with Special Needs
What services are available to New York City’s younger special needs children?
New York City special needs planning attorneys can help parents of disabled children with legal issues including guardianship, trusts and more. But there are many additional resources available—if only overwhelmed parents knew where to turn for help.
Accessing supports and/or services...
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